Brazil meatpacker JBS posts third quarter net income of $178 mln

SAO PAULO Tue Nov 13, 2012 4:34pm EST

SAO PAULO Nov 13 (Reuters) - Brazil's JBS SA, the world's biggest beef producer, posted a profit of 367 million reais ($178 million) for the third quarter of 2012 on Tuesday, compared with a 67.5 million reais loss in the same period last year.

The company's profit came in below the 404 million reais average estimate of five analysts polled by Reuters.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.